Holiday lets in Cornwall

The latest analysis of the number of holiday lets in Cornwall is as follows:

Houses = 15,404
Apartments = 2,977

A total of 18,381*

Total housing stock in 2016 was estimated at 270,860.

Thats 6.8% of the total dwelling stock.

The presence of holiday homes has three effects:

1) it pushes up prices as owners can get a good return on their property
2) it pushes up rents, making it more difficult for people in the private rented sector
3) stock is removed from the residential housing sector, pushing up demands for more housing.

*Some of these will also be second homes rented out in the holiday season.